Interesting times ahead..........

MC Yellow

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I was just having a conversation with someone who has lots of investments. Probably everyone who has a holding is dumping as a suspension is imminent. It has £2.5billion of debts but all at low rate.
but then if everyone is selling it could be a Big loser

It’s one of those isn’t it.

The downside is taking the hit of the loss, but the upside, if the company can ride this s**t storm, is huge.

Lots of cash in the bank and as of a few weeks ago it was a strong ftse100 company paying a healthy dividend.

Personally, i am in the camp of it will be what it will be and if suspension or de-listing is on the cards, hey ho.

Where will it be in a few weeks, Christ alone knows.

I’ve taken plenty of risks in my time and this is just another. Some have paid off, some haven’t.

Hedged by position (so to speak) with a large pump into Lloyds and BP last Thursday (invasion day). Over the next year or so, what comes out of there will hopefully cover the exposure to Evraz. When/if Lloyds hit 53p and BP hit 400p, I’m clear.
 
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Peterdev

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The market although dropping like a stone will find its level before long and start to bounce back
 

MC Yellow

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The market although dropping like a stone will find its level before long and start to bounce back

As much as the numbers can make grim reading, lots of opportunities out there to top up.

At the end of the day we have to remind ourselves that this is just the roller coaster of investing in the markets over the much longer time frame,.

At the moment the impact to my numbers is somewhat insignificant compared to the terrible scenes we are witnessing in Ukraine.

It somewhat sobers me up.
 

MC Yellow

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Wow .. that must hurt.

In a few Chinese/ Far East funds (but only small) and they have certainly taken a hammering, but no different to my Baillie Gifford American, which has been hammered recently too.


More U.K./Europe and general global funds now.
 

Peterdev

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I’d keep Baillie Gifford…a rich friend of mine is invested big time and is happy to top up when he can
 

eaststandboy

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TW. final dividend of 4.44p (up from 4.14p) pending shareholders approval.
 

Peterdev

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I’m down around £1000 on them at the moment. I would be topping up if I had any free money available.
 
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